Primax Electronics reported stronger second-quarter 2026 consolidated revenue on the back of robust shipments from new consumer audio programs and contributions from professional audio projects, while profit metrics weakened under pressure from a stronger yuan, rising component costs and product-mix changes. The Taiwan-based electronics maker said it was adopting a more cautious view of the third quarter as it expanded into AIoT, smart surveillance and robotics.
ByteDance founder Zhang Yiming recently said that the company would not use distillation to train its AI models, even if they fall behind those of other Chinese rivals. His comments come as China's advances in AI have accelerated faster than expected, leading to accusations that its developers are training them based on outputs from US models.
SpaceX's first earnings disclosure delivered a stronger-than-expected quarterly performance, but the greater significance of the call lay beyond the headline beat. It gave investors their clearest look yet at how the company intends to extend its ambitions beyond rocket launches or broadband connectivity alone.
Soonest Express said strong AI shipments and the traditional second-half peak are extending its supply-chain visibility into 2027. The freight forwarder expects better performance in the third quarter of 2026 than in the second quarter, and a stronger second half than the first. The company said the air and sea freight market in the second half of 2026 is becoming an environment where "space is king" as demand tightens.
Apple's attempt to use China's ChangXin Memory Technologies (CXMT) as leverage against Samsung Electronics and SK Hynix has backfired. The two Korean chipmakers now hold stronger, not weaker, negotiating power over DRAM supply, according to South Korean and Chinese trade press.
Microsoft Corp. has given the first clear accounting of its revenue from OpenAI: US$24.1 billion for the year ended in June, likely close to 70% of its actual AI sales. The figure puts a hard number on a reliance the software giant has quietly worked to reduce ever since the two companies became partners.
